Ultra HNWIs in Argentina 2014

This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in Argentina.

The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's UHNWIs have performed through the crisis.

Summary

This report reviews the performance and asset allocations of Ultra HNWIs in Argentina, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.

Scope

UHNWI volume, wealth and allocation trends from 2009 to 2013

UHNWI volume, wealth and allocation forecasts to 2018

UHNWI asset allocations across 13 asset classes

Number of UHNWIs in each state and all major cities

Fastest growing cities and states for UHNWIs (2009-2013)

Number of wealth managers in each city

City wise ratings of wealth management saturation and potential

Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Argentina

Size of Argentina wealth management industry

Largest domestic private banks by AuM

Detailed wealth management and family office information

Insights into the drivers of HNWI wealth

Reasons To Buy

The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.

The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market.

With the Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.

Report includes comprehensive forecasts to 2018.

Also provides detailed information on UHNWIs in each major city.

Key Highlights

There were 488 UHNWIs in Argentina in 2013, with an average per capita wealth of US$120.9 million, making them a prime target group for wealth sector professionals. Of this total, there were five billionaires, 141 centimillionaires and 342 affluent millionaires.

UHNWIs accounted for 1.3% of the total Argentinian HNWI population in 2013, much higher than the global average of 0.7%. During the review period, the number of Argentinian UHNWIs increased by 70.6%, from 286 in 2009 to 488 in 2013.

There was a wide range of performance between the different UHNWI wealth bands: while the number of billionaires increased by 400.0%, the number of centimillionaires and affluent millionaires increased by 65.9% and 71.0% respectively.

WealthInsight expects the number of UHNWIs to increase by 30% to reach 689 in 2018. This will include six billionaires, 202 centimillionaires and 481 affluent millionaires.